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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

Green Car Congress

billion) was substantially higher than the prior-year figure (up 14%); the operating return on sales rose to 6.7% (6.0%). In spite of further challenges resulting from the diesel issue and the persistently difficult conditions in vehicle markets such as Brazil and Russia, the Group delivered 10.3 billion (US$15.4

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

Welcome to the planet's grandest high-stakes poker game, one where the players at the table are auto manufacturers frantically raising the ante in their financial commitments, betting tens of billions and their very survival on their electric vehicle development decisions. Each option has its own strengths and weaknesses.

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Tesla Q1 2024 Earnings Call Transcript: April 23, 2024

Teslarati

As people have seen the EV adoption rate globally is under pressure and a lot of other auto manufacturers are pulling back on EVs and pursuing plugin hybrids instead. How long would it take your best Chinese competitors to copy that? Lars Moravy: No heavy integration work for vehicle manufacturers. I think we’re, now with 12.3,

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Andy Grove: The U.S. must create an electric car industry - Apr. 17, 2009

Tony Karrer Delicious EVdriven

So far, Asian manufacturers are leaving U.S. Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. Just this past year Russia sent tanks into oil-rich Georgia, and an oil tanker was hijacked off the coast of Somalia. auto manufacturers. rivals in the dust.

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